2007-08 Adopted Plan - Wake County Public School System

Table of ContentsGrants Ending ................................................................................. 331Smaller Learning Communities Grant ............................... 331Educational Technology Grant ............................................ 333Title V Innovative Education Learning Strategies ............... 334ESEA Title I School Improvement ....................................... 335Project Enlightenment Legislative Appropriation ................ 336INFORMATIONMembership Trends ......................................................................... 337Historical and Projected Enrollment 1996-2016 ................. 338Membership Growth FY 2001-2008 ................................... 338Budgetary Assumptions ................................................................... 339State Sources ..................................................................... 339Local Sources ..................................................................... 339Federal Sources ................................................................. 339Enterprise Funds ................................................................ 339Enrollment .......................................................................... 339Salary Increases ................................................................. 340Fringe Benefi ts ................................................................... 340State and Local Allotment Formulas ................................... 341Federal Grant Descriptions ................................................. 352Federal Allotment Formulas ................................................ 354Budget Flexibility with State Allotments .............................. 356ABC Financial Flexibility ..................................................... 357Student Achievement ...................................................................... 358Changes in Standards ..................................................................... 361Historical Comparison of Revenues and Expenditures ................... 363Revenue by Source History-Operating Budget ............................... 365Budget by Object Code History- Operating Budget ......................... 366Staff History ..................................................................................... 371Historical Comparison of Expenditures Per Pupil(excluding child nutrition) ............................................................... 374Tax Data .......................................................................................... 377Counties with the Largest School Districts in NorthCarolina ............................................................................ 377Counties in North Carolina that Surround Wake County .... 377Historical Comparison of Assessed Value of TaxableProperty ............................................................................ 377Historical Comparison of Property Tax Levies andCollections ........................................................................ 378Historical Comparison of Property Tax Rates – AllOverlapping Governments ................................................ 379Ten Principal Taxpayers for Wake County .......................... 380Bonded Debt ....................................................................... 380Wake County Demographics ........................................................... 381Population ........................................................................... 381Households ......................................................................... 382Income and Poverty ............................................................ 382Housing and Housing Characteristics ................................ 382Employment ........................................................................ 383Education ............................................................................ 384Transportation .................................................................... 384GLOSSARYGlossary .......................................................................................... 387INDEXIndex ................................................................................................ 413Budget Department StaffTerri Kimzey Senior Director tkimzey@wcpss.netMeg Farris Senior Administrator mfarris@wcpss.netRegina Dobbins Senior Budget Analyst rdobbins@wcpss.netLynne Hinton Senior Budget Analyst lfhinton@wcpss.netCherie Wiggs Senior Budget Analyst cwiggs@wcpss.netWinter Todd Dissemination Specialist wtodd@wcpss.netKristie Weber Budget Specialist kweber2@wcpss.netEugenia Johnson Part-time Hourly ebjohnson2@wcpss.netVisit Our Home Page:http://www.wcpss.netFY 2007-08 Plan for Student Success